Mr.Jadhike owns a fleet of taxis adn the following
information are available from the records maintained b him:
1.Number of taxis 10
2.salary of manager 600pm
3.cost of each taxi 20000
4.salary of cleaner 500pm
5.salary of mechanic 400 pm
6.garage rent 600pm
7.insurance premium 5%pa
8.annual tax 600 per taxi
9.driver salary 200 pm per taxi
annual repair 1000 per taxi
total life of a taxi is about 200000 kms. a taxi runs in all
3000kms in a month of which 30% it runs empty. Petrol
consumption in one litre for 10kms@1.80 per litre. Oil and
other are rs 5 per 100 kms
calculate the cost of running a taxi per km
5
Answer Posted / sahil
year month km
som 720 60 .02
cost .10
soc 600 50 .02
somc 480 40 .01
garage .02
ins 1000 83.33 .03
annual tax 600 50 .02
drs 2400 200 .06
annual rep 1000 83.33 .03
petrol cons .18
oil .05
total .54
cost per km is 54 ps
Is This Answer Correct ? | 3 Yes | 19 No |
Post New Answer View All Answers
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
How shall I calculate the true profit of my business, as I am a layman for accounting.
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?
what are the uniform public construction cost accounting act procedures?
I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T
How Many Types of Excise Duties?
payroll calculation procedure explain completely?
what is purchase consideration?
why may types of accounts
What is accounts payable?
how to calculate share values of a company.
what are the customization u have done in sap mm
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
let me know the meaning and Nature of cash